Historic Auto Dealership 6 levels of auto parking

Retail-Commercial for Sale
Catylist Listing ID: 30843074
Property Subtypes: Free-Standing Building, Parking Facility, Vehicle Related
Building Size (RSF): 21,686 SF
Gross Building Area: See Agent
Sale Price: $224,450
Unit Price: $10.35 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/5/2023

Overview / Comments

This historic building was opened in the 1920's as a Hudson dealership and occupied as an Oldsmobile and Lincoln dealerships in the 1940’s and 1950’s. This unique and historic structure features an interior ramp system between the building's three floors (six levels). Other features include two overhead doors, and office space with terrazzo floor and a built in vault. 21,000 sq ft, this building offers a lot of space for a variety of potential uses. Terrific location in Downtown Muncie near many other redevelopment projects.

Additional Details

Nearest MSA: Muncie
County: Delaware
Tax ID/APN: 1110360006000
Largest Nearby Street: Walnut
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 6
Typical SF / Floor: 3,500 SF
Property Condition: Fair
Year Built: 1920
Construction/Siding: Other
Exterior Description: Brick and Metal exterior
Parking Type: Structure, Underground, Other
Parking Description: Interior parking on 6 levels. Former Hudson/Oldsmobile/ car dealership
Sprinklers: None
Interior Description: 6 Levels with ramps-built as a car dealership showroom area.
Zoning Description: CB Central business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,737 70,026 88,344
Median Age: 29.39 34.36 36.17
Households: 6,096 27,528 35,038
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